The fiduciary management of the NCUSIF has been entrusted by Congress to the NCUA.
How does the NCUA view this trusted relationship between the deposit insurance fund and its 100 million, individual CU member-owners...?
The leadership of NCUA clearly states that in terms of those 100 million American CU members:
[it] ... "speaks to an audience that does not exist."
KINDA' MAKES YOU FEEL LIKE A "VICTORIAN-ERA KID",
DOESN'T IT!?!
[see CU Journal link here]
KINDA' MAKES YOU FEEL LIKE A "VICTORIAN-ERA KID",
DOESN'T IT!?!
[see CU Journal link here]
NCUSIF: IT HAS BECOME A QUESTION OF COMPETENCE
- AND CONFIDENCE.
7 comments:
The NCUA Leadership has changed the NCUSIF from an insurance fund to their private slush fund.
The 100 million CU members need to protected. A independent Trustee needs to be appointed to validate the appropriateness of Fund payments to NCUA.
Someone like Bernie Madoff would fit right in as Trustee.
Now appearing in a theater near you:
The Queen, Big Bird and the Professor; a story of arrogance, incompetence and commonsense.
Starring: The NCUA Board
Directed by Mr. Larry
Sponsored by NCUSIF "Where you money becomes ours".
Best not to ask for another porringer.
Where is Congress and the oversight? Waiting as usual for this to blow up in their face before they act?
"She" needs to go!
Nussle, Cheney, Mica.
Larry, Moe, Curly.
Huey, Dewey, Louie.
Frick, Frack, Frump.
None could get off their ass because they could not find it with both hands.
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